Shares of . fell 2.6 per cent to Rs 3565.5 at 12:43PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 20,300 shares with a turnover of Rs 7.24 crore till 12:43PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 154.73, while the price-to-book value ratio stood at 18.94.

Return on equity (ROE) was at 10.91 per cent, according to exchange data. The stock hit an intraday high of Rs 3608.45 and a low of Rs 3490.85 during the session and quoted a 52-week high price of Rs 5899.9 and a 52-week low of Rs 2995.2.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.0.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 4242.74 on May 19, while the 50-DMA was at Rs 3949.85. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 41.54. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Mar-2022, promoters held 74.99 per cent stake in the company, while overseas investors held 8.83 per cent and domestic institutional investors had 6.77 per cent.


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By Dipak

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